The US authorities have neutralized the cryptocurrency …

The US authorities have neutralized the cryptocurrency …

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US authorities neutralize the NetWalker ransomware virus

  • USA announced a coordinated operation to eliminate NetWalker virus

  • Canadian citizen arrested as part of investigation

  • According to preliminary information, NetWalker managed to process payments worth up to $ 46 million

US authorities neutralized cryptocurrency ...

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The US authorities have found and neutralized the cryptocurrency ransomware NetWalker, and also seized half a million dollars in cryptocurrency

The US Department of Justice has reported on the destruction of the cryptocurrency ransomware NetWalker. This was reported on the official website of the regulator..

According to the press release, almost $ 500,000 in cryptocurrency was confiscated as part of the case to destroy the virus. Also, the US Department of Justice announced the arrest of Canadian citizen Sebastian Vashon-Desjardins. It is noted that the detainee spent tens of millions of US dollars as a NetWalker intermediary.

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According to preliminary estimates, in the history of its existence, NetWalker robbed people for $ 46 million. However, the virus showed the greatest activity against the backdrop of a pandemic, when the average ransom was $ 65 thousand.

US surveillance

At least 305 victims from 27 countries, including 203 from the United States, suffered from NetWalker, according to the Justice Department..

“Attacks specifically target the health sector during the COVID-19 pandemic, using the global crisis to extort victims,” ​​the Justice Department said..

According to Chainalysis calculations, in any attack by NetWalker four participants are involved: an administrator or developer (8-10% of the profit), a partner (76-80%) and two authorized roles (2.5-5% each).

The US authorities have neutralized the cryptocurrency ...

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The middleman is usually responsible for accessing the victim’s network and deploying the ransomware virus, Chainalysis noted. However, there are cases when 100% of payment goes exclusively to the administrator’s wallet..

Recall that last year the Federal Bureau of Investigation calculated how much money was paid to cybercriminals as a ransom. It is estimated that in the period from October 1, 2013 to November 7, 2019, extortion was committed in the amount of about $ 144.35 million.

A virus called Ryuk robbed citizens of $ 61.26 million on average per year. Crysis / Dharma viruses raised $ 24.48 million over a nearly three-year period. In third place was the Bitpaymer virus, which was able to steal $ 8.04 million over the past two years.

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The US authorities have neutralized the cryptocurrency ...


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